Gold is extended heading into NY, but structure is clean and bullish. We’re sitting above PDH and holding a reclaimed supply zone. If $3,364 holds, we expect continuation toward $3,384–$3,390. If NY rejects at the top, watch for a clean reversion to $3,346 and possibly lower. Key decision level is $3,364.
Key Levels
PDH - $3,359
Previous day high (currently holding above)
PDL - $3,310
Previous day low
Displaced HVRA - $3,346 – $3,350
Reclaimed supply → demand (buy zone)
FR Demand Block - $3,324 – $3,335
Fair range support if trend fails
Primary HVRA - $3,372 – $3,384
Main target / short trigger zone
ATE Extension - $3,390+
Final bullish extension target
Bullish Scenarios
(b]Reactive Long
Entry: $3,346 – $3,350
SL: $3,343 (aggressive) or $3,339 (safe)
TP1: $3,364
TP2: $3,372
TP3: $3,384
Momentum Breakout Long
Trigger: Break + hold above $3,364
SL: $3,358
TP1: $3,372
TP2: $3,384
TP3: $3,390+
Bearish Scenario
Rejection Short
Entry: $3,372 – $3,384 (on wick/failure)
SL: $3,390
TP1: $3,358
TP2: $3,346
TP3: $3,335
Direction is binary at $3,364. Whether we rotate down or extend up, both plays are valid execute with discipline, not bias.
Key Levels
PDH - $3,359
Previous day high (currently holding above)
PDL - $3,310
Previous day low
Displaced HVRA - $3,346 – $3,350
Reclaimed supply → demand (buy zone)
FR Demand Block - $3,324 – $3,335
Fair range support if trend fails
Primary HVRA - $3,372 – $3,384
Main target / short trigger zone
ATE Extension - $3,390+
Final bullish extension target
Bullish Scenarios
(b]Reactive Long
Entry: $3,346 – $3,350
SL: $3,343 (aggressive) or $3,339 (safe)
TP1: $3,364
TP2: $3,372
TP3: $3,384
Momentum Breakout Long
Trigger: Break + hold above $3,364
SL: $3,358
TP1: $3,372
TP2: $3,384
TP3: $3,390+
Bearish Scenario
Rejection Short
Entry: $3,372 – $3,384 (on wick/failure)
SL: $3,390
TP1: $3,358
TP2: $3,346
TP3: $3,335
Direction is binary at $3,364. Whether we rotate down or extend up, both plays are valid execute with discipline, not bias.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
